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Note 3 - Segment Reporting Adjusted Pretax Operating Income (Loss) (Details) - USD ($)
3 Months Ended 6 Months Ended
Jun. 30, 2020
Jun. 30, 2019
Jun. 30, 2020
Jun. 30, 2019
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Adjusted pretax operating income (loss) $ (93,138,000) $ 210,938,000 $ 107,662,000 $ 410,644,000
Net gains (losses) on investments and other financial instruments 47,276,000 12,540,000 25,249,000 34,453,000
Amortization and impairment of other acquired intangible assets (979,000) (2,139,000) (1,958,000) (4,326,000)
Impairment of other long-lived assets and other-non-operating items (22,000) 103,000 (322,000) (5,557,000)
Consolidated pretax income (loss) (42,224,000) 209,545,000 139,069,000 425,681,000
Gain (Loss) on Extinguishment of Debt 0 (16,798,000) 0 (16,798,000)
Mortgage segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Total Operating Expenses Allocated to Subsidiaries From Parent Company 25,191,000 24,388,000 54,265,000 50,013,000
Depreciation 3,112,000 3,849,000 6,824,000 7,711,000
Adjusted pretax operating income (loss) [1] (88,321,000) 214,710,000 [2] 117,346,000 418,341,000 [2]
Real Estate segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Total Operating Expenses Allocated to Subsidiaries From Parent Company 3,339,000 2,659,000 7,175,000 5,454,000
Depreciation 776,000 615,000 1,442,000 1,208,000
Adjusted pretax operating income (loss) [3] (4,817,000) (3,772,000) (9,684,000) (7,697,000)
All Other activities segment        
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]        
Adjusted pretax operating income (loss) $ 4,639,000 $ 4,901,000 $ 8,438,000 $ 7,265,000
[1] Includes allocated corporate operating expenses and depreciation expense as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(In thousands)2020201920202019
Allocated corporate operating expenses$25,191  $24,388  $54,265  $50,013  
Depreciation expense3,112  3,849  6,824  7,711  
[2] Includes a cumulative adjustment to unearned premiums recorded in the second quarter of 2019, as further described below.
[3] Includes allocated corporate operating expenses and depreciation expense as follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
(In thousands)2020201920202019
Allocated corporate operating expenses$3,339  $2,659  $7,175  $5,454  
Depreciation expense776  615  1,442  1,208  
Our results for the second quarter of 2019 include a $32.9 million increase in net premiums earned and a $0.12 increase in net income per share due to a reduction in our unearned premiums, resulting from a cumulative adjustment related to an update to the amortization rates used to recognize revenue for Single Premium Policies. See Note 2 of Notes to Consolidated Financial Statements in our 2019 Form 10-K for additional information regarding this adjustment and our accounting policies for insurance premiums revenue recognition.